How To Recognise Online Payments
Online payments will appear in your bank account as a lump sum
The lump-sum total may collate a few days worth of payments
The reference for credit/debit card payments you will see in your account will always be received from payee Enrolmy, Stripe or Stripe Payments
How To Reconcile Online Payments
Enrolmy will automatically mark your invoices as paid if the customer paid online via credit/debit card. You need to reconcile the cash in your bank account.
Enrolmy would have created a credit card suspense (EMY-CCSUSS) account if you are using Xero. You should code your credit card payments there
If you do not use Xero or have a different revenue/assets account, please code your credit card payments there
Reconciling Credit/Debit Card Payments within Xero
NOTE Our example below shows reconciliation steps for a Xero Account user and credit card suspense account code.
Log in to Enrolmy and complete a Xero sync
Log in to Xero and head to the reconciliations tab
Find a received payment from payee Stripe, Stripe Payments or Enrolmy
In the reconciliations box next to the payment, select Create
In the Who field; type Stripe
In the What field; type EMY-CCSUS
In the Why field type; Enrolmy credit/debit payment
Select Ok to reconcile the cash
